Best Crypto Trading Brokers Allowed to Trade in South Africa (Found 10 training providers)

Find in the following cities :
1 Exness ZA
Exness ZA
3.67
Established in: 2008
Cities:
Reviews: 6
Reviews: 6 Read More
Exness Trading Company is active in the Forex market since 2008. A limitless leverage makes the possibility of earning from smaller deposits as low as $999. There are a variety of options available to open an account, depending on your traders' needs.
Pros:
• Around 107 currency pairs are supported.
• Offers lowest commissions in the market for forex.
• There are a variety of options available to trade accounts, and varying ways of charging commissions for experienced traders as well as novice traders.
• Fast withdrawal methods and deposit process.
• More than 60 dollars of base money of the account.
Cons:
• Seychelles have a weak protection of the rights and the interests of clients who are financial is a risk factor
• Learning and analysis seem to be insignificant.
• Professional accounts require a an extremely high minimum deposit.
2 HotForex ZA
HotForex ZA
3.6
Established in: 2007
Cities:
Reviews: 5
Reviews: 5 Read More
HotForex offers a variety of trading tools and accounts that allow individuals and institutions to trade Forex online. Access to trading platforms that are automated and liquidity is available for all affiliates, retail customers as well as white label clients. HotForex offers a range of account options , so customers can choose the one that best suits their trading needs. HotForex provides clients of all levels the instruments and services they require to meet their trading goals.
Pros:
• Favorable trading conditions and low spreads -- starting at 0.01 pip
• Multiple regulators control the matter
• There are no commissions for replenishing accounts and bank transfers
Cons:
• The withdrawal terms may not always correspond with the terms indicated
• Few account currencies are accepted, and this is the reason the reason some clients must pay for double conversion
• The choice of electronic payment methods for replenishment/ and withdrawal is rather simple
• While registration is easy but it can be a challenge to learn about the different terms for other types of accounts while it is being completed.
• Weekends are closed for customer service
3 IC Markets ZA
IC Markets ZA
3.33
Established in: 2017
Cities:
Reviews: 6
Reviews: 6 Read More
IC Markets' low prices and their scalable execution makes an excellent choice for algorithmic traders. Although it has a wide number of third-party tools and plugins, IC Markets education offerings and research services aren't the same as those offered by industry-leading companies.
Pros:
• Maintains regulatory status in one tier-1 jurisdiction as well as one tier-2 jurisdiction, making it a safe broker (average-risk) to trade forex and CFDs.
• Offers competitive pricing across all types of accounts with spreads that are low on average.
• Third-party trading and research plugins improve the IC Markets MetaTrader offer
• IC Markets' low-cost and efficient execution make an ideal choice for traders who are keen on running algorithms
• It has substantially increased its market coverage from the 204 symbol to over 3500.
Cons:
• No additional contests or bonuses for traders.
• A few payments have been delayed for a couple of days
• Trails is one of the best Forex brokers in terms of its market research scope as well as educational content.
4 ForexTime ZA
ForexTime ZA
3.2
Established in: 2011
Cities:
Reviews: 5
Reviews: 5 Read More
FXTM was founded in the year 2011 and is the first to offer online trading. FXTM provides financial markets to anyone, regardless of geographical location or financial goals.
Our global network of offices and regulations spans Europe, Africa, and Asia. Our offices are located in more than 180 countries, and have served more than 3 million clients.
Pros:
• A wide variety of trading accounts is available
• A wide range of training materials are available
• Automated trading programs
• A mobile application developed by FXTM that is a proprietary application is called FXTM Trader
• There are a variety of trading instruments available.
• supervision of the broker's activities is by major financial regulators from four jurisdictions.
Cons:
• for investment, only copy trading is offered
• the broker is closed on the weekend and Sunday
5 Alpari Limited ZA
Alpari Limited ZA
3.0
Established in: 1998
Cities:
Reviews: 6
Reviews: 6 Read More
Our mission is helping our clients succeed, and expanding the financial service industry in every country we work. We constantly innovate to ensure that our services stay relevant. A Chinese proverb says that one step is enough for 1,000 miles. This is the story of Alpine. Established in 1998, the company has been an international broker since then. Alpari Limited, a registered company under the Registrar of International Business Companies is number 20389 IBC2012. Alpari is a member in good standing of the Financial Commission, which assists in resolving Forex market disputes.
Pros:
• There are numerous trading accounts for traders of different experience levels and objectives.
• top-quality and efficient work performed by the customer support service
• There are many options to replenish your savings or withdraw funds.
Cons:
• withdrawal of funds is carried out following delays that may occur
• Commission compensation for deposits and withdrawals is offered only to traders with VIP status
• trading on the MetaTrader 5 platform is available only for traders who have standard accounts, and swap-free Forex Islamic accounts work only on MetaTrader 4.
6 AvaTrade ZA
AvaTrade ZA
2.8
Established in: 2006
Cities:
Reviews: 5
Reviews: 5 Read More
AvaTrade is a reputable global brand known for its broad range of trading platforms. It offers outstanding educational content that earned it the Best-in class score from Beginners in 2022. AvaTrade was tested and proven to be an effective tool for copy trading. It's mobile-friendly, and it conforms to industry standards regarding pricing.
Pros:
• SharpTrader offers high-quality education offerings
• A wide range of trading platforms is available to meet your trading needs.
• Asset selection and diversification options across multiple assets
• Trusted and regulated broker with supervision from a central bank
• AvaTrade Support for customers is available in multiple different languages.
Cons:
• Costs of trade are competitive, but not special
• High Inactivity Fees: $50 per quarter
• Sometimes withdrawals can take up to 10 business days
7 FP Markets ZA
FP Markets ZA
2.67
Established in: 2005
Cities:
Reviews: 6
Reviews: 6 Read More
FP Markets, a low-cost broker, lets you trade CFDs or forex if you use the MetaTrader platform. The Iress platform suite includes more than 8,000 symbols for trading but it's mostly used for trading shares and is generally more expensive. FP Markets offers a flexible and affordable MetaTrader choice for CFD and Forex traders. They will not be able access to the research conducted by the industry and educational content.
Pros:
• Accounts can be opened fast and easy
• Deposit and withdrawal processes are executed quickly
• Annual reports and segregated accounts
• The services of a broker that adheres to strict rules regarding the protection of investors are provided to clients
• FP Markets offers consistently tighter spreads from 0.0 pips
• There is no manipulation of prices, no dealing desk, and no re-quotes.
Cons:
• The product portfolio is somewhat small
• Web and desktop platform is somewhat outdated
8 OctaFX ZA
OctaFX ZA
2.4
Established in: 2011
Cities:
Reviews: 5
Reviews: 5 Read More
OctaFX offers a basic, low-cost MetaTrader platform experience using its social copy-trading platform. OctaFX isn't a market leader in terms of pricing, but it offers a small selection of tradeable instruments and educational content. OctaFX also holds one regulatory license.
Pros:
• MetaTrader 4, MetaTrader 5 and cTrader are all proven platforms to trade on.
• Spreads as tight as 0.6 pip and no broker-related non-trading charges for deposits or withdrawals of funds
• Wide trading opportunities including various assets as well as access to a service to copy trades
• Available minimum deposit. You must put $100 in your account before you can trade.
• It is licensed by CySEC to conduct brokerage operations in Cyprus
• Over 97% of the orders executed without slippage
Cons:
• Cryptocurrencies and CFDs cannot be traded on cTrader accounts
• There is a limited selection of investment options to generate passive income
• The list of payment methods is updated regularly.
• The website of the company does not indicate the amount of EPS commissions.
9 XTB ZA
XTB ZA
2.4
Established in: 2005
Cities:
Reviews: 5
Reviews: 5 Read More
XTB is a publicly traded stock exchange FX & CFD brokerage that has more than 15 years of experience. There are 13 offices including in the UK, France and Germany. XTB is determined to provide the best trading experience for its clients. These core values are reflected within our fundamental values. Our goal is to aid our clients to become better investors. Our customer service department is available 24 hours a day, 7 days a week. Our educational materials include videos and webinars. We offer both beginner and advanced investor training.
Pros:
• A variety of trading instruments are available
• Authorized by 5 regulatory bodies
• Multilingual website, customer service team
• Some ETFs/stocks/ETFs have low forex CFD costs and no commissions.
• Fast and free withdrawals
Cons:
• Demo accounts are available for just 4 weeks
• all analytical materials provided by the broker are exclusively in English
• Bonus offers are only available to non-European users
10 Pepperstone ZA
Pepperstone ZA
1.83
Established in: 2010
Cities:
Reviews: 6
Reviews: 6 Read More
Pepperstone provides a growing number of trading markets, as well as high-quality research and assistance for many social trading platforms. It works with MetaTrader as well as the cTrader platform. There are numerous third-party plug-ins that can be used to expand the variety of trading platforms. The website of the company doesn't disclose the amount of EPS commissions.
Pros:
• Gain access to more than 61 foreign pairs, and more than 60 stocks CFDs
• The cryptocurrency and Forex traders can use leverage
• A wide range of educational tools and courses that both novices and experts can benefit from.
• Rapid order execution time of 30 milliseconds on average
Cons:
• Not available for U.S. traders currently
• There is no way to directly purchase bonds, stocks, or mutual funds; only CFDs are available for purchase.
• If you have a demo account, you can trade for free for one month only

Crypto Trading Brokers Training Courses with Reviews

Latest Reviews

HotForex ZA

Steven
2022-08-31 16:31:40 UTC
To put it mildly, my first trading session with HotForex was not easy. I was losing money and blamed the broker. The customer support team advised me to pay more focus on training and to inquire. Also, they advised me which webinars I should watch. HotForex staff is very thankful for their assistance. I was able to trade on the plus side, thank goodness. It is clear that the company is concerned about traders' success. This in turn makes the broker seem decent. I haven’t yet made a withdrawal and can’t comment.

HotForex ZA

Roxie
2022-08-31 16:32:02 UTC
HotForex is like other European brokerage companies. It has very little leverage. I typically trade with either 1 to 100 or 1 200 leverage. Leverage is limited to 1-30 here. It isn't much, unfortunately. However, regulation and reliability are much more important that small leverage.

HotForex ZA

Sierra
2022-08-31 16:32:25 UTC
HotForex was a company that I didn't trust at first. HotForex started as a binary option provider, which I knew was a bad idea. It's been over a year since my first trade here, and my view has changed. HotForex isn't a superbroker. However, it's something I am comfortable with. I can withdraw money to Webmoney very quickly.

IC Markets ZA

Wallace
2022-08-31 16:32:58 UTC
This is the ever-present dilemma: What deposit should you use to start trading? In this instance, it's not worth complaining about the sinking. A deposit of 5000$ would be the best for normal work. It is important that you trust your broker. I have an $8000 deposit with ICMarkets right now. I am not worried. I withdrew money more times than once. Everything is fine.

IC Markets ZA

Sandra
2022-08-31 16:33:19 UTC
IC Markets, a genuine Australian broker. Because it is regulated and supervised by the state, you can feel confident about the safety of funds. The trader can take care of the rest. I opened an account with IC Markets in 2013 I increased my capital 2.5 times, and withdrew 6 percent of my profit during that time. I have no doubts that the broker is trustworthy.

IC Markets ZA

Payton
2022-08-31 16:33:37 UTC
My opinion is that ICMarkets is a serious broker. I didn't like ICMarkets at first because of the aggressive advertising they used. Then I learned that an acquaintance opened an account there and received a variety of bonuses. I followed his example and was right. You can trust my feedback about ICMarkets – I recommend you to cooperate!

IC Markets ZA

Rose
2022-08-31 16:34:00 UTC
They are the worst broker I have ever dealt. They refuse to accept bank statements as proof that I reside in the same place as everyone else. They insist that you go to the municipality during the pandemic to receive a letter saying that you live where you live. They aren't paying attention to the current situation. Assembled another broker.

IC Markets ZA

Paul
2022-08-31 16:34:16 UTC
I have made deposits of over $50,000 to them. I will tell you this: Their support is very poor. They won't even respond to your problem within 5-10 business days. If your balance has gone negative, your withdrawals are not working properly, or your order is still uncollected, Your hard-earned cash was deposited, but they don’t care.

IC Markets ZA

Seth
2022-08-31 16:34:37 UTC
This broker is the most trustworthy and professional I've ever dealt with. They have a highly efficient team of professionals that are quick to respond even to the most basic needs. I have been working with this broker for 5+ years. Amazing service, low spreads. Quick execution. Also, withdrawals and deposits are quick. This company is highly recommended.

OctaFX ZA

Scott
2022-08-31 16:35:06 UTC
For the past two weeks I have not been allowed to trade properly. I'm not sure what happened, but they often hang up on me and won't let us into the system. They didn't even hear me when I called the 10th time. They said they are having communication problems which they couldn't fix for the past 2 weeks. I'm switching brokers

OctaFX ZA

Pierce
2022-08-31 16:35:21 UTC
I am not one to advise people about brokers. Let me just share my experiences with this broker. I checked all legal documents and OctaFX was fully compliant. The company is fully regulated and eager to work in legal fields. The company is well-regulated and will work within the legal framework. I haven't had any issues with the termination of contracts. Trading is very easy, terminals are familiar. I have some questions to the customer service, and sometimes it takes a while to get a reply from technical support. Although I can't deny it being a heavy load I do wish that the broker took the time to correct the situation.

OctaFX ZA

Samir
2022-08-31 16:35:45 UTC
You can be sure that your account will never allow you to log into your cabinet again if it is blocked. Support will either tell you fairy tales about you or they might just ignore you. In my case, it was both. To be precise, you will be stopped once you start earning. It is possible to get nothing, but it won't happen. Be smarter that they are.

OctaFX ZA

Regina
2022-08-31 16:36:05 UTC
Personallly, I was disappointed with OctaFX. I expected so much more. Although OctaFX does not default on payments, its list of assets and investment proposals is not extensive. The number of assets and offers available is small. This broker still allows me to trade, even though I'm looking for an alternative. I'm looking for the right company to offer passive/active earning.

OctaFX ZA

Ronald
2022-08-31 16:36:24 UTC
OctaFX might be less diverse than other brokers in terms both of the investment opportunities and the number of assets. I will not be leaving this platform. It's a great place to trade. Spreads are acceptable, no slippage is noticed when opening/closing trading, and access to social trades is available. I believe that this company will provide a great opportunity for professionals and beginners to collaborate.

Pepperstone ZA

Ruby
2022-08-31 16:37:35 UTC
Every broker comes with its own advantages and disadvantages. Pepperstone's site does not offer analytics and requires you to use additional resources. The trading conditions are good: the spread on the major pairs is slightly higher than 1p. After the news releases, the value rises. But this is not unusual for any company. However, the demo account can only be used for a month from the time it is opened. It is enough time to become familiar with the trading procedures at Pepperstone. However, the market is unpredictable and the strategy should be updated regularly. It must be tested on a real account.

Pepperstone ZA

Pierce
2022-08-31 16:37:59 UTC
Cancellation of trades is a very serious problem for Pepperstone Broker. I thought it was me that was causing the cancellations. I was shocked to see how many others are in this same situation. Pepperstone doesn't want to make profits, or is that what they really mean?

Pepperstone ZA

Samantha
2022-08-31 16:38:15 UTC
Pepperstone doesn't withdraw money. I asked for a $75 withdrawal. This is all that was left of my deposit. There were no issues with the application and it was confirmed immediately. After that silence. Although the money may not be so large, they have been wreaking havoc on my head for three consecutive weeks. They are crooks.

Pepperstone ZA

Rachel
2022-08-31 16:38:32 UTC
I have made about $2,500 in deposits to my Pepperstone account. Traded successfully on the currency pairs USD/CAD & USD/CHF. When I wanted to withdraw funds, however, I was confronted with a problem due to the site's sudden technical issues. I wrote to support and financial services, and they assured that they had heard about the problem. They would soon fix it. However, the money was not being withdrawn. Then, during trading, I lost 3 orders. They simply didn't have enough time to process them. Five hours later, I found out that they had all been forced to close at a lower price right before the market crashed. This is clear evidence of their cheating me.

Pepperstone ZA

Nancy
2022-08-31 16:38:52 UTC
Pepperstone put me in this exact situation. My profit was $480. I applied to withdraw all my profits. Only $250 was transferred. The rest of the 230 disappeared, and no one knows why. I have called support many times, asking for their explanation of my profit. Which company did this? This is why I am still unsure. I have not received my money back and they probably won't. I do not understand their attitude. They just don't want trade and to make money. I have never seen anything similar before. I am withdrawing all my deposit from the broker and leaving.

Pepperstone ZA

Noah
2022-08-31 16:39:23 UTC
I am new to pepperstone.com and I'm not satisfied with it yet. It is rare that stops are triggered frequently. I suspect they are not allowing me to make profitable deals. It is not a problem if an order is in the red. However, stops are not triggered or triggered by strong slippage. Although the support service says that the conditions are fair, one needs to be vigilant about the trade to make a profit.